neobanking will win cause it unifies all of crypto biggest pmfs
- no kyc
- instant global transfers with extremely low fees
- 24/7 markets for fx and assets
- easier access to financial tools with defi
- yield on idle balances
- self custody
An explanation of @SuccinctLabs, in (very) simple terms. 🧵
"what's that?"
Succinct is a protocol on Ethereum that proves the world's software.
Built as a prover network, it coordinates hardware teams, infrastructure operators, and application developers to facilitate the generation of zero knowledge proofs.
"wtf are u talking about?"
Remember zero-knowledge, or ZK, proofs?
They let one party prove they know something without revealing what it is. The other party can verify it without ever needing to see the actual information.
"bro, what is the difference between chain abstraction and cross-chain?"
An explanation, in (very) easy terms. 🧵
"go"
Chain abstraction is about simplifying users' interactions with blockchains, allowing them to use any product and asset without managing multiple wallets or bridging.
On the other side, cross-chain is the ability to transfer data and tokens between different blockchains.
"yea same"
Well… not exactly. The main difference is what the user has to do manually.
Let’s take an example. You have 300 USDC on Arbitrum, 200 USDC on Optimism, and 100 USDC on Ethereum. You want to deposit all of it into a lending protocol on Solana.
An explanation of @arcdotfun, in (very) simple terms. 🧵
"what's that?"
Arc is building Rig, an open source framework for creating portable, modular, lightweight AI agents in rust.
It features an unified API across LLM providers, streamlined embeddings and vector store support and high-level abstractions for complex AI workflows.
"jesus christ"
First of all, Rig is a framework for building AI agents.
Simply put, it gives you the foundation for your agent. It manages everything the AI agent can do, like its memory or its ability to connect to the blockchain.